Home » Landlord acquires The Home Co. assets, plans to revive business

TITLE

Landlord acquires The Home Co. assets, plans to revive business

AUTHOR(S)

Engel, Clint

PUB. DATE

May 2002

SOURCE

Furniture/Today;5/6/2002, Vol. 26 Issue 34, p2

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

Reports the acquisition of assets of The Home Co. store by Fine Furniture Holdings LLC in Texas. Plans of Fine to revive the store; Possibility of a joint venture with Trade Am; Bankruptcy of The Home Co.

Cites speculations about the merger of United States leading office manufacturers during the 30th NeoCon trade show in Chicago, Illinois. Wariness of the chief executives about mergers; Possible of partnership with smaller firms; Alternative growth strategies; Factors driving demand for office...

Reports on the plan of furniture maker Harry Corry Interiors to expand its Scottish operation after buying failed chain Texstyle World. Annual sales; Company's intention to broaden the variety of products in the outlets.

Reports that venture capital group Harbor Partners LLC has agreed to acquire solid-wood bedroom manufacturer Vermont Tubbs in the United States. Terms of the deal; Benefits for both companies; Opportunities for the sales force.

Reports that ready-to-assemble furniture giant Bush Industries Inc. will integrate its North American furniture divisions into Bush Furniture North America. Executive changes; List of brands that the company will market under; Plan to cut management staff.

Focuses on Relyon's acquisition of British bedstead manufacturers Deptich Designs and the Colonial Bedstead Company. Terms of the purchase; Combined pre-tax profits of the two companies acquired by Relyon for the fiscal year ending September 30, 1997.